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Gadgets power up JB Hi-Fi's net profit
Strong sales growth in phones, computers, audio equipment and home appliance has helped JB Hi-Fi to record a 13 per cent boost in net profit.
Strong sales growth in phones, computers, audio equipment and home appliance has helped JB Hi-Fi to record a 13 per cent boost in net profit.
Investors in Baby Bunting have thrown something of a tantrum after the company warned of slower sales, particularly of prams, in recent weeks.
Aventus says it has nothing to fear from the looming arrival of Amazon in Australia as its diverse tenant mix will buffer its earnings.
The competition watchdog is holding up the $1.8 billion sale of Woolworths' service stations to BP over fears it could drive up how much motorists pay for fuel.
Global food giant Unilever has snapped up Australian ice cream company Weis, maker of the iconic Mango and Cream Bar.
A measure of Australian consumer sentiment slipped to its lowest in more than a year in August as worries over family finances swamped increasing optimism about the economic outlook.
An influx of fashion brands is driving down vacancies on one of Melbourne's leading retail strips, as is an innovative approach to leasing.
Amazon, the $US500 billion ($630 billion) gorilla stalking Australian retail, took a giant step towards establishing a bona fide e-commerce presence in this country last week.
American fashion retailer Gap will shut its doors in Australia within the next six months.
Almost nothing seems out of reach for Amazon these days. But the online giant can't disrupt everything, Morgan Stanley says.
Amazon has revealed it will parachute one of its German directors into Australia to lead its assault on the local retail sector.
As earnings season is kicking into gear, some investors and analysts sense opportunity in a handful of beaten-down retailers. They're not for the faint of heart.
Amazon has a seemingly insatiable need for human labour to fuel its explosive growth.
What keeps corporate leaders up at night? More than anything, it's the rising super power that is Amazon.
Apple sold just more than 41 million iPhones in the June quarter, and forecasts a stronger-than-expected September quarter boosted by new iPhones that it will release later this year.
This weekend Domino's will launch its new menu which including 20 new pizzas and side dishes, in a bid to revitalise its brand.
Since 1997, when it floated on the sharemarket, Amazon has evolved into one of the century's greatest wealth-generating machines. It's become so powerful researchers have built a Death by Amazon index of companies it leaves in its wake.
Venerable digital music player nears extinction, as nano and shuffle models are discontinued.
Shares in Webjet have taken a hit after the online travel agency flagged an accounting dispute that could hurt its full-year earnings.
Apparently, younger generations prefer drinking wine and spirits to beer.
Australia's retail and video streaming companies should be shivering with fear at Amazon's latest earnings result.
The online retail giant wiped out large chunks of its profit as it invested heavily in areas such as video content and its international expansion.
Household energy bills are set to rise by an average of $200 annually, adding to challenges for consumer spending and putting Australia's economic growth outlook under a cloud, ANZ says.
Coca-Cola's supermarket problems look set to deepen after Coles chief executive John Durkan warned the drinks giant's Mount Franklin water products risked being cut back on its supermarket shelves.
Birkenstock USA's CEO has emerged as an unlikely crusader in a growing battle between smaller retailers and Amazon.com.
Surfstitch is looking at selling assets as costs mount from several legal proceedings and an investigation by the corporate regulator.
Sigrun Klatte is juggling a three kilogram bag of oranges under one arm and her son Caspar under the other.
One could be forgiven for thinking there was something sinister going on.
Upmarket menswear brands Rhodes & Beckett and Herringbone will live on after administrators for the troubled companies sealed a deal for a private equity-backed management buyout.
Coca-Cola Amatil has had more bad news from the aisles of Woolworths with the revelation that the supermarket giant will ditch much of its Mount Franklin water product.
The perennials are too busy starting businesses to worry about which generation they're part of.
It might not be such a big deal after all.